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Landau Props. begins sales for Indian Creek Residences & Yacht Club
October 17, 2023
Miami, FL Landau Properties have begun sales for Indian Creek Residences & Yacht Club on Bay Harbor Islands. The boutique building offers nine condominium homes and six yacht slips, providing one of the only private yacht
Delisle of Island Associates closes purchase and sale of 60,000+ s/f shopping center
October 17, 2023
Leesburg, FL Roger Delisle of Island Associates Real Estate Inc. successfully negotiated and closed the purchase and sale of the shopping center located at 27405 US Highway 27,for a purchase price of $6.262 million
Commercial Classroom: Back to Basics Letter of Intent - by Edward Smith, Jr
October 17, 2023
Our role as agents in a real estate lease transaction is to negotiate all the terms and conditions. The resulting “terms agreed” points are listed in a “Letter of Intent” which is usually sent to the attorney who will be creating the lease
Progress Capital arranges $30 million construction loan for Jersey City multifamily development
October 17, 2023
Jersey City, NJ Brad Domenico, Partner at Progress Capital, a leading CRE mortgage advisory firm, has successfully secured a $30 million construction loan for the development of a 155-unit multifamily property situated along Communipaw
United Properties Corp. purchase 120,000+ s/f retail shopping center
October 17, 2023
Atlanta, GA Long Island-based United Properties Corp. has recently expanded its Georgia footprint by completing the purchase of Acworth Crossing, a 120,829 s/f retail shopping center. Acworth Crossing hosts a national and regional tenant roster including Crunch Fitness
The Safe Center collabs with local landlords to provide emergency housing for domestic violence surv...
October 17, 2023
Bethpage, NY In observation of National Domestic Violence Awareness Month in October, The Safe Center, a 501 (c)(3) nonprofit, the leading victim service organization on Long Island, is working with Nassau County, NY landlords to expand its “Rapid Rehousing Program
OneKey MLS hosts panel with Mercury, NYRAC, Compass and NYSAR on politics and NY real estate
October 17, 2023
New York, NY Real estate is a driving economic force in New York, and politics and policy can have a significant impact on the industry. The Hudson Gateway Association of Realtors, Inc. (HGAR) and OneKey MLS hosted a virtual panel last week featuring experts
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The Factory in Long Island City's latest lease bolsters tenant roster of unique tenant class
October 17, 2023
Long Island City, NY The tectonic shifts in the commercial office real estate sector around hybrid and remote work environments have been well-documented. However, one sub-sector, the maker space, stands out for its strength during this time. Makers are non-traditional businesses
The stage is set for C-PACE in New York - by Michael Doty
October 17, 2023
The commercial real estate industry is catching on to the value of C-PACE - and an increasing number of owners and developers are turning to the mechanism to help finance their projects. But in New York City, commercial property owners and developers face a different set of hurdles
JLL Capital Markets arranges sale of 16-unit mixed-use property for $7.7 million
October 17, 2023
Manhattan, NY JLL Capital Markets brokered the $7.7 million sale of 515 West 47th St., a five-story, mixed-use apartment building with one ground-floor retail space leased to The Jolly Goat Coffee Bar.
CBRE arranges two new office leases at 888 Broadway
October 17, 2023
Manhattan, NY CBRE completed two office leases at 888 Bdwy., an office property located between Union Sq., Gramercy Park and Madison Square Park and owned by a joint venture of Cannon Hill Capital Partners and Invesco Real Estate.
GFP Real Estate signs three tenants at 630 Ninth Ave. totaling 5,492 s/f
October 17, 2023
Manhattan, NY GFP Real Estate, LLC signed three leases at 630 Ninth Ave., also known as The Film Center Building, totaling 5,422 s/f. Zoic Studios, a visual effects company with offices in Los Angeles, New York and Vancouver, signed
Newmark signs Terra Mediterrania to 4,167 s/f lease at 124 Seventh Ave.
October 17, 2023
Manhattan, NY Newmark Retail secured a new 4,167 s/f retail lease on behalf of 124 Seventh Ave. ownership, HUBB NYC, at their single-story retail property in the Chelsea neighborhood. The lease welcomes tenant Terra Mediterrania–an efficient service
Arc’teryx leases 3,900 s/f store at Olshan Properties The Gate at Manhasset
October 17, 2023
Manhasset, NY The Gate at Manhasset (The Gate) said that Arc’teryx has opened a new location at the center. The new Arc’teryx store occupies a 3,900 s/f space between lululemon and the new Natuzzi furniture store.
Rechler Equity leases 101,390 s/f to National Grid at Rechler Business District
October 17, 2023
Medford, NY According to Rechler Equity Partners, one of the largest owners of commercial real estate on Long Island, the first lease agreement at 10 Donald’s Way, a 140,875 s/f industrial building, was the first at the Rechler Business District.
Racanelli Construction team provides Meals from the Heart for Ronald McDonald House
October 17, 2023
New Hyde Park, NY Families residing at the Ronald McDonald House of Long Island were treated to a special meal prepared by staff members from Racanelli Construction Company, Inc.
Janover joining Armanino, strengthens NYC presence
October 17, 2023
Garden City, NY According to Armanino LLP, one of the 20 largest accounting and business consulting firms in the U.S., Janover, a CPA and advisory firm, is joining Armanino. With offices in Manhattan and Garden City, Janover’s accounting
Environmental impact statements at contaminated sites - by Aaron Gershonowitz and Brian Kennedy
October 17, 2023
The New York State Environmental Quality Review Act (SEQRA) requires a review of potential environmental impacts of a project before a proposed project can obtain required approvals. Other environmental statutes require the remediation of contaminated sites.
Hempstead IDA aiding apartment projects to
alleviate housing shortage
October 17, 2023
Hempstead, NY Frederick Parola, chief executive of the town industrial development agency (IDA) said the IDA has taken steps to increase the availability of rental housing in the town with the final approval of one project and initial approval
Moawad of Levin leases 1,400 s/f to Shakti Studio
October 17, 2023
Patchogue, NY Shakti Studio & Spa has leased 1,400 s/f at 35-71 South Ocean Ave. Levin Management Corp. (LMC) serves as exclusive leasing and managing agent for the 23,000 s/f retail property.